PGEI Could Return to Where it Should Be. FLOAT IS ONLY 120 MILLION 210 million shares outstanding as of February 1, 2016. 1.5 Billion shares authorized History no R/S PGEI.. is also ... NO MORE DILUTION. We finish with the warrants, outstanding option and note conversion.
"The percentage of beneficial ownership in the following table is based upon 150,503,921 shares of common stock outstanding as of October 5, 2015. Beneficial ownership is determined in accordance with the rules of the SEC and generally includes voting or investment power with respect to securities. We do not have any outstanding options, warrants or other conversion rights. http://ih.advfn.com/p.php?pid=nmona&article=70239020
PGEI looks like it’s primed and ready to see some positive activity for ACQUISITON NEWS: The momentum alone could send this thing back to its realistic value. There is a super strong connection here..Things unfolding..This is Big... PGEI the joint venture connection with the richest men in the world.
Now let's take a look at SolTech Energy the company mentioned in the PR above:
“We are very happy to have reached this point in our collaboration with SolTech and expect to further integrate SolTech’s technology in our home building here in the US over the coming years... says Jan Telander, President & CEO
SolTech Sigma. Glass roof panels deliver more efficient heating
SolTech Supreme. Thin film solar cells that generate electricity
SolTech Supreme ST. Transparent thin film solar cells that generate electricity
SolTech Therm. Accumulator tank that stores energy
SolTech has a patented solution to integrate a solar energy system with a roof. This means that when you need to lay a new roof, you also get a solar energy system into the bargain. Instead of laying a standard roof that uses materials such as concrete tiles, we lay our own specially-developed glass roof tiles. These tiles are designed to work as both a high quality and durable roof tile, and to allow in as much light as possible. The energy that passes through the glass tiles is absorbed by modules designed to capture solar rays. These modules are shielded and located under the tiles, generating large amounts of energy in the form of heat or electricity.
But what does PGEI and SolTech have in common other than joint venture Advanced Solar Power (ASP) Well here are a few things:
1. Our CEO (Jan Telander) and SolTech's CEO (Frederic Telander) obviously have the same last name. People have contacted our CEO and he confirmed that Frederic (SolTech CEO) is his cousin.
2. Our CEO (Jan Telander) is a major shareholder of SolTech:
Connection getting stronger and better ...The CEO of Soltech has a major interest in PGEI…as under…
Jan holds over $7 million of Soltech individually. He also owns some of the $12.75 million of Soltech owned through EIG capital.
WOW!!!! THIS IS AMAZING
July 20, 2015..EIG is now also implementing conversions of some of its debt to its European investors, into PROGREEN Restricted Stock, held by EIG, at the conversion rate of$0.20/share.
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